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Ethiopian Electric Power gets new boss

The Board of Directors of Ethiopian Electric Power has appointed Ashebir Balcha, executive officer, power generation construction, as chief executive officer replacing Abraham Belay (PhD) who became Minister of Innovation and Technology.

Abiy urges local investors to develop Genale-Dawa power project

Inaugurating the delayed Genale Dawa (GD-III) hydroelectric power project on Tuesday Prime Minister Abiy Ahmed (PhD) made an appeal to local investors to build the next phase of the hydroelectric project GD-6, in the same river basin that requires an estimated financial outlay of USD one billion.

Electricity initiative reaches 70 mln people

Power Africa, a five-year American presidential initiative launched by former President Barack Obama, has reportedly created 15 million new electrical connections bringing electricity to 70 million people.

Power shortage hinders Djibouti water supply

A Chinese contractor, CGC Overseas Construction (CGC-OC) Group Ltd, has blamed electric power shortages for impeding the operations of the USD 339 million worth trans-boundary water project to pump potable water to neighboring Djibouti.

Saudi energy firm awarded first solar project under PPP

A Saudi Arabian firm, ACWA Power, has won a USD 300 million worth solar Public Venture (PV) contract, becoming the first private company to win a mega project under the Public Private Partnership (PPP), after the PPP Board of Ethiopia approved the bid summited by the firm.